Fidelity National Information Services (NYSE:FIS) Stock Rating Cut to “Hold” at Wolfe Research

Wolfe Research cut shares of Fidelity National Information Services (NYSE:FIS) from a strong-buy rating to a hold rating in a research report released on Thursday,Zacks reports.

FIS has been the subject of a number of other research reports. National Bank Financial set a $46.00 price objective on shares of Fidelity National Information Services in a report on Thursday. JPMorgan Chase & Co. cut shares of Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 price objective for the company. in a research report on Wednesday. Royal Bank Of Canada downgraded shares of Fidelity National Information Services from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from $53.00 to $37.00 in a research note on Thursday. William Blair lowered shares of Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Finally, Wells Fargo & Company decreased their price target on shares of Fidelity National Information Services from $46.00 to $33.00 and set an “equal weight” rating for the company in a research note on Thursday. Eight equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services presently has a consensus rating of “Hold” and an average price target of $42.88.

Fidelity National Information Services Stock Performance

FIS stock opened at $29.40 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.55 and a debt-to-equity ratio of 0.93. The business’s fifty day simple moving average is $36.47 and its two-hundred day simple moving average is $43.31. Fidelity National Information Services has a twelve month low of $28.86 and a twelve month high of $68.37. The firm has a market cap of $15.20 billion, a price-to-earnings ratio of 4.39, a PEG ratio of 0.36 and a beta of 0.84.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.01. The business had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.43 billion. Fidelity National Information Services had a return on equity of 20.42% and a net margin of 26.77%. The business’s revenue for the quarter was up 27.1% compared to the same quarter last year. During the same period last year, the company earned $1.51 earnings per share. Analysts predict that Fidelity National Information Services will post 5.96 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Monday, December 14th. This represents a $1.76 dividend on an annualized basis and a yield of 6.0%. Fidelity National Information Services’s dividend payout ratio is 27.04%.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of the company’s stock in a transaction on Thursday, October 15th. The shares were bought at an average cost of $36.40 per share, for a total transaction of $57,694.00. Following the acquisition, the director directly owned 18,697 shares in the company, valued at approximately $680,570.80. The trade was a 9.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Fidelity National Information Services

Large investors have recently modified their holdings of the business. Eurizon Capital SGR S.p.A. boosted its stake in Fidelity National Information Services by 29.3% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 69,974 shares of the information technology services provider’s stock worth $2,305,000 after purchasing an additional 15,848 shares in the last quarter. Fifth Third Bancorp grew its position in Fidelity National Information Services by 15.1% during the 3rd quarter. Fifth Third Bancorp now owns 257,368 shares of the information technology services provider’s stock worth $8,467,000 after purchasing an additional 33,672 shares during the last quarter. Maryland State Retirement & Pension System grew its position in Fidelity National Information Services by 12.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 30,940 shares of the information technology services provider’s stock worth $1,018,000 after purchasing an additional 3,466 shares during the last quarter. Jacobi Capital Management LLC acquired a new position in Fidelity National Information Services during the 3rd quarter valued at approximately $123,000. Finally, First Command Advisory Services Inc. increased its stake in Fidelity National Information Services by 362.9% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,134 shares of the information technology services provider’s stock valued at $37,000 after purchasing an additional 889 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Trending Headlines about Fidelity National Information Services

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: Third-quarter adjusted earnings were $1.61 per share versus analysts’ $1.60 estimate, while revenue of $3.45 billion slightly exceeded expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: Analysts sharply lowered price targets, though views remain mixed: some maintained Buy or Outperform ratings, while others downgraded FIS to Neutral or Market Perform. TD Cowen rating
• Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the $6.20 analyst consensus, and reduced its Banking Solutions growth forecast to 3.5%–4% from 5%–5.5%. The company cited customer project and conversion delays; expectations for a soft fourth quarter add to concerns. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. FIS is also halting buybacks and some M&A as it prioritizes debt reduction following its acquisition. The leadership change and reduced capital returns contributed to investor concern. FIS CFO transition announcement
• Negative Sentiment: Several brokerages downgraded FIS or cut targets after the revised outlook, and reports said the shares reached their lowest level in 14 years. Separate shareholder investigations have also been announced, though these notices do not establish wrongdoing. FIS shares drop to lowest level in 14 years

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.